Nissan Motor Company and
Mitsubishi Motors to expand OEM supply agreement for mini-cars
Tokyo — Nissan Motor Co., Ltd. and
Mitsubishi Motors Corporation today announced an agreement to
expand their original equipment manufacturing (OEM) supply
Nissan and Mitsubishi currently
have OEM agreements in Japan, where Mitsubishi supplies Nissan
with mini-cars and small light commercial vehicles (LCV) while
Nissan supplies light commercial vehicles to Mitsubishi.
The expanded agreement will add
two new scopes of co-operation:
1. Expanded OEM supply in Japan.
Mitsubishi will supply its Pajero Mini SUV to Nissan starting
from autumn 2008 on an OEM basis.
2. Explore opportunities for
expanded light commercial vehicle supply. Both companies will
explore collaboration on the development, production and OEM
supply of small light commercial vehicles for Japan and overseas
Nissan has a proven track record
of successful OEM product exchanges. These extend across many
automakers and into multiple global markets, each one executed
on a win-win basis for both parties involved.
Mitsubishi aims to improve its
productivity and management efficiencies by growing its OEM
business, and will continue to pursue a win-win strategy between
collaborative partners on a global level.
(February 27, 2008)